Combating virtual assets-based money laundering and crypto-enabled crime: Recommendations of the Tripartite Working Group on Criminal Finances and Cryptocurrencies
These seven Recommendations emerge from the 5th Global Conference on Criminal Finances and Cryptocurrencies, held virtually on 7-8 December 2021.
The annual conference is organised by the Working Group on Criminal Finances and Cryptocurrencies, a tripartite initiative of the Basel Institute on Governance, INTERPOL and Europol that dates back to 2014 and was formally established in 2016.
The Recommendations are intended to guide law enforcement, judicial authorities, regulators and the private sector in broad approaches that are necessary to protect citizens and the global economy from the risks of abuse of cryptocurrencies and other virtual assets.
- International cooperation
- Virtual asset recovery
- Public-private cooperation
- Harmonised regulation and its effective implementation
- Investigative techniques and technologies
- Capacity building
- Multidisciplinary approach, including through specialised law enforcement units
Links and other languages
Case Study 9: The Kiamba case: achieving a civil asset forfeiture order and criminal prosecution
This case study describes how authorities in Kenya achieved both a civil asset forfeiture order…
Basel AML Index briefing: FATF grey-listing in Sub-Saharan Africa
This is a Basel AML Index briefing on countries in Sub-Saharan Africa…